Diligence memo · auto-generated · as of July 3, 2026

Lone Star West Gray LLC

Lone Star West Gray LLC looks fair against its niche peers and is at-risk on financing cadence.

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

Lone Star West Gray LLC operates in Construction, based in FRIENDSWOOD.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Lone Star West Gray LLC has raised $2.1M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).

Largest single filing: $2.1M on 2023-12-04.

Most recent recorded round closed around 2023-12-04.

Valuation (modeled)modeled

Provath models Lone Star West Gray LLC at approximately $7.4M (range $1.9M–$23M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.95× the median modeled value of Seed Construction companies in 2022–2024 (58 peers) — value vs value, same stage and era. Within the normal band (95% of peer median) for its niche.

Financing rhythm & timingmixed

Last raise 2.6 yr ago; this sector typically re-raises about every 12 months.

Past due for a raise versus sector cadence — watch for distress or a bridge.

Comparablesmixed

Capital scale ranks ahead of 70% of Construction peers (1338 compared).

Modeled value ranks above 66% of those peers.

Closest niche peers: NEM MOB Dev I, LP, 320 Virginia LP, Double Eagle St. Clair Investors LLC, Main & A Connect LLC, Triad Steel Service, LLC.

Peoplefiled

3 named people on file across officers, directors and signatories.

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.